🟢 HACK.AX is trading 3.3% up today as cybersecurity stocks track a broader tech recovery on soft U.S. inflation data

HACK.AX is trading 3.3% higher today as cybersecurity stocks rebound following a broader recovery in growth names and softer-than-expected U.S. inflation data.

• The ETF is recovering from the previous session's tech-driven selloff, supported by improved risk appetite and relief from Middle East escalation fears.
• High-valuation technology and cybersecurity stocks are moving higher in tandem after recent volatility, tracking gains in the broader growth sector.
• Cooling inflation figures have provided a tailwind for the sector, encouraging investors to return to cybersecurity names as sentiment stabilizes.